News Archives for Business & Finance - 2025-09-19

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Business & Finance - 2025-09-19

Companies

Singapore reviewing short seller claim against India’s Vedanta, documents show

LONDON: The Singapore Police Force is reviewing a complaint by short seller Viceroy Research that natural resources...

Published 19 Sep, 2025 11:41pm

Commodities

Copper rises with signs of improving demand from China

LONDON: Copper prices rose on Friday on signs of improving demand from top metals consumer China, where buyers are...

Published 19 Sep, 2025 09:50pm

Stocks

European shares finish week flat after key central bank verdicts

European shares were little changed on Friday, capping an eventful week on a benign note with sentiment that was...

Published 19 Sep, 2025 09:44pm

Stocks

London stocks end event-packed week lower amid fiscal worries

London stocks ended an eventful week lower on Friday after a report showed Britain’s borrowing had exceeded official...

Published 19 Sep, 2025 09:39pm

World

Xi tells Trump he’s open to TikTok negotiations

WASHINGTON: Chinese President Xi Jinping told President Donald Trump that Washington should stop imposing unilateral...

Published 19 Sep, 2025 08:33pm

Stocks

TSX hits another record high, set for seven straight weekly gains

Canada’s main stock index continued its record-setting run on Friday, set to extend its string of weekly gains two...

Published 19 Sep, 2025 07:57pm

Stocks

Wall St ticks higher with indexes on track for weekly gains; FedEx jumps

Wall Street’s main indexes nudged higher on Friday, with the Nasdaq continuing the previous session’s rally to hit...

Published 19 Sep, 2025 07:53pm

Financial

India 10-year bond sees second weekly fall on Fed letdown

MUMBAI: Indian government bonds fell for a second consecutive week, after hawkish commentary from the U.S. central...

Published 19 Sep, 2025 07:23pm

Technology

Apple used AI to uncover new blood pressure notification feature in Watch

SAN FRANCISCO: Apple Watch Series 11 models that go on sale on Friday can notify users that they may have high blood...

Published 19 Sep, 2025 07:07pm

Business & Finance

Pakistan to set up AI and R&D centres under PM’s vision: SAPM

Pakistan will establish new artificial intelligence, research and development, and skills training centres as part...

Published 19 Sep, 2025 05:44pm

Stocks

Dubai and Abu Dhabi shares climb on rate cut

Stock markets in the United Arab Emirates closed higher on Friday after UAE central bank lowered interest rates by a...

Published 19 Sep, 2025 05:24pm

South Asia

S&P upgrades Sri Lanka’s rating to ‘CCC+/C’ on debt restructuring progress

Credit ratings agency S&P Global on Friday upgraded Sri Lanka’s foreign currency ratings from the “selective...

Published 19 Sep, 2025 05:14pm

Commodities

Arabica coffee prices extend fall while raw sugar rises

LONDON: Arabica coffee futures on ICE fell on Friday and were set for a steep weekly loss, with forecasts for rain...

Published 19 Sep, 2025 05:09pm

Technology

PTCL–Telenor merger decision likely within two weeks: CCP chairman

The Competition Commission of Pakistan (CCP) is close to completing its review of the PTCL–Telenor merger and is...

Published 19 Sep, 2025 05:09pm

Stocks

Sri Lankan shares end higher as materials, industrials lead gains

CSE All-Share index rose 0.57% to 21,085.09

Published 19 Sep, 2025 04:50pm

Commodities

Indian sugar mills to miss export quota, ship around 775,000 tons, sources say

NEW DELHI: India’s sugar exports are likely to fall below 800,000 metric tons this season, missing the 1 million-ton...

Published 19 Sep, 2025 04:18pm

Markets

India regulator still reviewing more than a dozen allegations against Adani, sources say

MUMBAI: India’s market regulator is still looking into more than a dozen allegations that Adani Group and its...

Published 19 Sep, 2025 04:12pm

Energy

India’s IOC buys sweet crude for November delivery, sources say

SINGAPORE/NEW DELHI: Indian Oil Corp the country’s top refiner, has bought 2 million barrels of sweet crude for...

Published 19 Sep, 2025 04:07pm

Markets

Indian central bank to back sticking with headline inflation target ahead of review, sources say

MUMBAI: India’s central bank is expected to recommend retaining an existing inflation target for a third consecutive...

Published 19 Sep, 2025 04:03pm

Forex

Indian rupee ends choppy week on a quiet note, slight downward bias may persist

MUMBAI: The Indian rupee closed little changed on Friday to cap a week of choppy price action that pulled the...

Published 19 Sep, 2025 03:57pm

Financial

Gold price per tola falls Rs1,100 in Pakistan

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local...

Published 19 Sep, 2025 03:56pm

Stocks

India stocks rise for 3rd week as Fed rate cut, US trade talks lift sentiment

India’s equity benchmarks fell on Friday as financials and IT stocks came under profit-booking, but still marked a...

Published 19 Sep, 2025 03:54pm

Commodities

Palm ends lower, books second weekly loss

JAKARTA: Malaysian palm oil futures reversed earlier gains and fell on Friday, as the contract tracked losses in...

Published 19 Sep, 2025 03:49pm

Companies

Telenor urges swift approval of PTCL deal, warns of investor risks

Telenor, one of the world’s largest telecom companies, has expressed concern that the regulatory approval process...

Published 19 Sep, 2025 03:37pm

Energy

Pakistan govt finalises plan to roll out RLNG connections nationwide for domestic consumers

Consumers will be able to apply online through official websites and mobile applications of Sui companies, in addition to traditional method of applying at their local offices

Updated 19 Sep, 2025 07:10pm

Stocks

European shares poised to end event-packed week higher

The pan-European STOXX 600 edged up 0.3% to 556.72 points

Published 19 Sep, 2025 02:27pm

Business & Finance

Denmark’s Danida extends first concessional loan to Pakistan

Pakistan has secured a concessional loan from Denmark’s Danida Sustainable Infrastructure Finance (DSIF) for the...

Published 19 Sep, 2025 01:54pm

Markets

Ford recalls nearly 102,000 vehicles over risk of door trim detachment, NHTSA says

Detached trim pieces could fall onto the road, causing a road hazard, NHTSA said in the notice

Published 19 Sep, 2025 12:38pm

Companies

PPL earnings decline 22% in FY25

Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) lowered over 22% to clock in at Rs89.95 billion for...

Published 19 Sep, 2025 12:26pm

Markets

China’s Xiaomi to fix assisted driving issue for over 115,000 SU7s

It is the second software fix to fall under product recall rules since the model's launch last year

Published 19 Sep, 2025 12:23pm

Currency

UK trading platform IG Group buys Australian crypto exchange

British online trading platform IG Group said on Friday it had acquired Australian cryptocurrency exchange...

Published 19 Sep, 2025 12:17pm

Forex

China’s yuan holds steady ahead of Trump-Xi call

The onshore yuan was 0.02% higher at 7.1117 per dollar

Published 19 Sep, 2025 10:55am

Commodities

Chicago soy, corn head for weekly losses on US harvest pressure

Corn gained 0.53% to $4.26 a bushel but is set for a weekly loss on seasonal harvest pressure

Published 19 Sep, 2025 10:48am

Companies

Pakistan’s Artistic Milliners takes control of iconic US brand Cone Denim

Artistic Milliners, a Pakistani textile giant, has acquired a majority stake in Cone Denim, a historic US denim...

Published 19 Sep, 2025 10:46am

Commodities

Malaysia raises October palm oil reference price, keeps export duty at 10%

The September reference price was 4,053.43 ringgit a ton, and incurred a duty of 10%

Published 19 Sep, 2025 10:43am

Forex

Australia, NZ dollars suffer setback, RBNZ feels rate heat

The Aussie was flat at $0.6610, having dropped 0.6% on Thursday partly in sympathy with the kiwi

Published 19 Sep, 2025 10:39am

Stocks

Banks, healthcare stocks lift Australian shares after job data fuels rate cut bets

The S&P/ASX 200 index advanced 0.5% to 8,787.40

Published 19 Sep, 2025 10:35am

Stocks

Japan’s Nikkei extends record run ahead of BOJ decision

The Nikkei 225 Index jumped 1% to 45,750.05 in early trading, reaching as high as 45,852.75

Published 19 Sep, 2025 10:31am

Markets

Apple’s iPhone 17 launch draws hundreds in long queue at its Beijing store

Apple says the base model iPhone 17 has a brighter, more scratch-resistant screen

Published 19 Sep, 2025 10:25am

Currency

Pakistani rupee registers 31st consecutive gain against US dollar

Currency settles at 281.46 against greenback

Updated 19 Sep, 2025 09:26pm

Business & Finance

OGDCL brings Soghri North Well-1 into production

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, announced on...

Published 19 Sep, 2025 10:01am

Forex

Dollar steadies as investors consider post-Fed outlook, focus turns to BOJ meeting

The US currency remains on course for its third straight weekly loss.

Published 19 Sep, 2025 09:56am

Markets

Adani Group stocks rise after SEBI dismisses some Hindenburg allegations

Adani Total Gas led gains among the nine entities with its 10% climb

Published 19 Sep, 2025 09:50am

Business & Finance

Siemens Pakistan approves closure of motor repairs business

Siemens (Pakistan) Engineering (SIEM) announced on Friday the approval of the discontinuation of its motor repairs...

Published 19 Sep, 2025 09:47am

Markets

Gold flat as investors await more Fed cues after widely expected cut

Spot gold was little changed at $3,646.23 per ounce

Published 19 Sep, 2025 09:47am

Markets

KSE-100 closes nearly flat as late-session selling erases intra-day gains

The Pakistan Stock Exchange (PSX) witnessed volatile session on Friday, as its benchmark KSE-100 Index swayed in...

Updated 19 Sep, 2025 07:21pm

Forex

Indian rupee set to weaken on extended climb in dollar, US yields after Fed verdict

The 1-month non-deliverable forward indicated the rupee will open in the 88.20-88.22 range versus the US dollar

Published 19 Sep, 2025 09:44am

Stocks

India benchmarks open flat; Adani stocks climb as SEBI dismisses some Hindenburg allegations

The Nifty 50 eased 0.04% to 25,414.35 and the BSE Sensex lost 0.11% to 82,919.72

Published 19 Sep, 2025 09:42am

Energy

Oil prices slip as robust supply outweighs Fed cut

HOUSTON: Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expectations...

Updated 19 Sep, 2025 09:25pm

Markets

BOJ to keep interest rates steady as tariff, US slowdown risks loom

At the two-day gathering concluding on Friday, the BOJ is widely expected to keep interest rates steady at 0.5%

Published 19 Sep, 2025 09:14am

Stocks

Asian shares to end big central bank week with gains, Nikkei hits record

Japan’s Nikkei rallied 0.7% to hit another record high ahead of the BOJ meeting

Updated 19 Sep, 2025 07:17am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	278.61
USD PKR Interbank Buying / Jun 5	278.41
USD to Japanese Yen / Jun 5	160.29
USD to Swiss Franc / Jun 5	0.80
Pound Sterling to USD / Jun 5	1.33
Euro to USD / Jun 5	1.15
SOFR % / Jun 7	3.63

Stock	Volume
S&P 500 / Jun 5	7,383.74
India Sensex / Jun 5	74,243.34
Tokyo Nikkei / Jun 5	66,588.12
Nasdaq / Jun 5	25,709.43
Hang Seng / Jun 5	24,961.95
FTSE 100 / Jun 5	10,368.05
Dow Jones / Jun 5	50,866.78
Germany DAX 30 / Jun 5	24,759.05
France CAC40 / Jun 5	8,218.24

Item	Value
Crude Oil USD/Barrel / Jun 5	90.54
Gold 10 Grams PKR / Jun 5	401,012
Gold Spot USD/Ounce / Jun 5	4,328.45
Cotton US¢/pound / Jun 5	77.48
Petrol/Litre / Jun 7	377.78
Diesel/Litre / Jun 7	380.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Gulistan Sp. / Jun 5 Gulistan Spinning Mills Limited(GUSM)	8.03 ▲ 0.97 (13.74%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
First Capital Equities / Jun 5 First Capital Equities Limited(FCEL)	5.30 ▲ 0.52 (10.88%)
Merit Packaging / Jun 5 Merit Packaging Limited(MERIT)	10.35 ▲ 1 (10.7%)
D.S. Ind. Ltd. / Jun 5 D.S. Industries Limited(DSIL)	11.19 ▲ 1.02 (10.03%)
Askari Life Assur. / Jun 5 Askari Life Assurance Company Limited(ALAC)	23.28 ▲ 2.12 (10.02%)
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	10.98 ▲ 1 (10.02%)

Stock	Price
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	40.49 ▼ -4.5 (-10%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	66.80 ▼ -7.4 (-9.97%)
Ghazi Fabrics / Jun 5 Ghazi Fabrics International Limited(GFIL)	29.96 ▼ -2.48 (-7.64%)
Shams Textile / Jun 5 Shams Textile Mills Limited(STML)	38.17 ▼ -2.48 (-6.1%)
Bela Auto / Jun 5 Bela Automotives Limited(BELA)	55.85 ▼ -3.14 (-5.32%)
Tandlianwala Sugar / Jun 5 Tandlianwala Sugar Mills Limited(TSML)	385.55 ▼ -19.67 (-4.85%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	39.70 ▼ -2.02 (-4.84%)
Dewan Textile / Jun 5 Dewan Textile Mills Limited(DWTM)	9.65 ▼ -0.48 (-4.74%)
JS Investments / Jun 5 JS Investments Limited(JSIL)	40.01 ▼ -1.99 (-4.74%)
Frontier Ceramics / Jun 5 Frontier Ceramics Limited(FRCL)	75.03 ▼ -3.61 (-4.59%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	42,057,629 ▲ 0.57
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	41,999,765 ▲ 0.49
Pace (Pak) Ltd. / Jun 5 Pace (Pakistan) Limited(PACE)	41,811,517 ▲ 0.9
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	26,493,657 ▼ -0.2
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	23,842,888 ▼ -0.01
Pervez Ahmed Consultancy / Jun 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	22,157,441 ▲ 0.08
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	18,104,460 ▲ 0.02
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	17,319,572 ▲ 1
B.O.Punjab / Jun 5 The Bank of Punjab(BOP)	15,286,456 ▼ -0.46
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	15,013,265 ▼ -0.11

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